Silver (XAG/USD) is experiencing a decline in the Asian session on Thursday, moving away from its recent all-time high. Currently, the currency pair is trading in the $65.75-$65.70 range, marking a drop of over 1% for the day. This shift in momentum highlights the selling pressure that silver is encountering as traders reassess their positions following the peak.
Market analysts suggest that the retreat from the $66.00 mark may reflect a broader sentiment change among investors, particularly amidst fluctuations in the USD and shifts in global economic indicators. As trading continues, the implications of this downturn could influence the silver market's trajectory, potentially affecting exchange rates and investor strategies in the coming sessions.
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Data Source: FX Killer Analysis Team Updated: 2025-12-18 03:08
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.